ELON Musk is on track to become the world's first trillionaire, according to a new study.<\/p>\n
While the 50-year-old's SpaceX founder's personal wealth could reach $1trillion dollars in as little as two years, Amazon founder Jeff Bezos is way down on the list, at number seven. <\/p>\n
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Musk, the world's richest man, currently has an estimated net worth of $263 billion - with an annual average increase of 129%.<\/p>\n
Bezos, once expected to be the world's first trillionaire, is not predicted to become one until he's 65 years old in 2030, according to the study.<\/p>\n
Indian billionaire Gautam Adani and his family, who own the commodity trading business Adani Group, would become a trillionaire a year behind Musk, reaching trillionaire status in 2025 at his current rate of growth.<\/p>\n
Founder and chairman of Beijing ByteDance Technology Company Zhang Yiming is in third place on the list, which predicts he will become a trillionaire by age 42 in 2016.<\/p>\n
This would make him the youngest billionaire to achieve trillionaire status.<\/p>\n
Indian businessman Mukesh Ambani is fourth on the list and expected to reach trillionaire status in 2029, when he will be 64. <\/p>\n
Tied in fourth place is Bernard Arnault, chairman and chief executive of Mot Hennessy Louis Vuitton (LVMH), who is predicted to reach trillionaire status in 2029.<\/p>\n
Currently, there are nine centibillionaires in the world, meaning they have fortunes that exceed $100billion.<\/p>\n
The study compared the annual net worth of the world's richest billionaires in order to predict which one will be first to reach a personal valuation of $1trillion dollars. <\/p>\n
Of the thirty individuals analyzed, only twenty-one will realistically have a chance of becoming a trillionaire during their lifetime.<\/p>\n
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Elon Musk on track to be worlds first trillionaire but rival Jeff Bezos WAY behind year milestone rea... - The US Sun<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ELON Musk is on track to become the world's first trillionaire, according to a new study. While the 50-year-old's SpaceX founder's personal wealth could reach $1trillion dollars in as little as two years, Amazon founder Jeff Bezos is way down on the list, at number seven. 5 5 5 Musk, the world's richest man, currently has an estimated net worth of $263 billion - with an annual average increase of 129% Continue reading